Messy Tax Season Ahead For Some Filers

Late 1099-Bs, identity theft and other concerns mean taxpayers should proceed with caution

This transcript has been automatically generated and may not be 100% accurate.

... the rarer the room ... the girls get ... off this year's low ... pay ... um ... well ... two thousand and twelve tax filing season suppliers and most of the messy as usual ... I decided that the irises are the standard detailing early hours of pushback to on ... the on and in January and even pushed on that part of the newer for some people who are claiming the child tax credits ... so ... they're anticipating it did in the U S he has a couple different things going on one of them is the investment firms ... brokerage firms that get you a ten ninety nine four and a talk about that ... the cost basis and investments ... are late ... on this year with Home tendon on some of them because of you working on it will cost basis so ... it doesn't stinger season is coming here contrasting not see all of them tell ... you next month ... will be only a minute that her hands up some of their own projections ... on another issue ... that has really been beaten and now I really do after talking to some prizes and candy ... I was something that would affect you if you were doing taxes on your own but I heard some horror stories when I was recently telling me take notice of ... when Buster and Connecticut had his white palm scans it should be filed in her tax return and Sunday only used for ... on her Social Security number and the bogus tax return generated on the social security number ... aam and so it's it's you know I think the irises been talking ... alot and people don't concern ... so what to do well to see the cost and as usual ... the cherry that great social security numbers on everything that anyone can order all those things you normally do the especially careful with the identity of stuff considering that I'm that that can make ... aam but it's important for the tax consequences of the stakes are ... huge and you know aam ... can result in more tax affairs of bogus return all kinds of problems ... and Dom ... so it's important to know about right ... if there is an issue ... advisers know this you can ... at current tax attorneys and who has been linked to the IRS Takeda's how you ... go through and find out where your might've happened ... on ... another quarter Poly's financial cost advantages IRS watchdog ... I mean horse and to ... um ... that doesn't trouble and he was well ... so um a lot of the season ... remember if ever know that the tax tail WAG the dog ... the ... the ...